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Fourth-Floor Office Suite
New
For Lease
$14 SF/Yr

1365 Main St # 401, Springfield, MA 01103

A multi-room layout combines enclosed offices, open areas, and a kitchenette.

Space Size2,125 SF
Days on Market5

Property Features for 1365 Main St # 401

General Information

Standard status Active
Size 2,125 SF
Net Rentable 2,125 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 2,125 SF
Contiguous Space 2,125 SF
Floor 4
Space Use Office

Site & Location

Neighborhood Metro Center

Taxes and HOA fees

Annual Taxes $27,188

Amenities

kitchenette

Building Details

Building Size 2,125 SF
Year Built 1860
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Donnellyandco
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 11:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pioneer CRE

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Investment Insights

Based on property information with market context.

Located on the fourth floor of Market Place, this office suite offers approximately 2,125 square feet arranged among multiple rooms and open work areas. A small kitchenette is included, and large windows bring in natural light. The building dates to 1860 and carries B3 zoning.

Market Place brings together retail, restaurant, and professional office tenants in downtown Springfield. The suite is available for lease.

Key Highlights

  • Approximately 2,125 SF on the fourth floor
  • Multiple rooms and open areas for varied office layouts
  • Small kitchenette within the suite

Property Analytics

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Open Analytics

Current Use

New England Blue ... Construction Company Novalicious Beauty Bar Hair Salon C.HR Services Employment Agency Young Lenny Productions Recording Studio Berry Dumpster Rental Waste Management Facility

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,829
Businesses Nearby

Demographics for 01103, MA

2,545
Population
1,728
Households
1.5
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
0.4 sq mi
ZIP Area
6,363
Density / Sq Mi
$21,458
Median Household Income
$38,156
Median Earnings
$1,053
Median Rent
$148,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Springfield, MA

$17.52 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
13,098 SF
Avg Space Size

This space is priced 20% below the average of $17.52 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A multi-room layout combines enclosed offices, open areas, and a kitchenette.
Where is this office unit located?
The property is located at 1365 Main St # 401 Springfield, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Approximately 2,125 SF on the fourth floor; Multiple rooms and open areas for varied office layouts; Small kitchenette within the suite
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